Title
AUTHORIZATION TO ENTER INTO AN AGREEMENT WITH SP PLUS CORPORATION dba SP+ MUNICIPAL SERVICES FOR THE MANAGEMENT AND OPERATION OF SURFACE PARKING LOTS AND PAY AND DISPLAY MACHINES
SPECIFICATION NO. P-14012
Body
To the Honorable Board of Commissioners of the Chicago Park District
I. Recommendation
It is recommended that the General Superintendent and CEO or his designee enter into an agreement with SP Plus Corporation dba SP+ Municipal Services, for the purpose of providing management and operation of surface parking lots and pay and display machines throughout the Chicago Park District. The contractor was selected pursuant to a publicly advertised Request for Proposals ("RFP"). No work may commence and no payment shall be made to vendor prior to the execution of a written agreement.
II. Award Information
Company: SP Plus Corporation dba SP+ Municipal Services
200 East Randolph Street, Suite 5475
Chicago, IL 60601
Company Type: Delaware Corporation
Majority Interest: Kohlberg CPC Rep., LLC 16.4%
Wellington Management Co., LLC 11.5%
No other shareholder owns more than 7.5% of shares
Contract Term: Ten (10) years with five (5) additional one (1) year extension options
Contract Amount: See Exhibit A.
Scope of Services: The management and operation of surface parking lots including maintenance and repair of both lot and equipment. Also, staffing during designated times surface parking lots, including but not limited to: Belmont Harbor North, Belmont Harbor South, Diversey Driving Range, Lincoln Park Conservatory, and North Avenue Beach. Lastly, managing, operating, and maintaining Park District's 123 pay and display devices at 29 parking lots.
Affirmative
Action Goals: The Minority and Women Owned Business Enterprise participation for this contract include: 27.5% Minority-Owned and 9.8% Women-Owned.
Authorization: Authorize the General Counsel to include other relevant terms and conditions in the writ...
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